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Lake County, MN · Sold

MN-208861

728 County Road 36

$735,600
$1,845/ac · 399 ac
Acreage399 ac
Price per acre$1,845/ac
ZoningRecreational
Road accessGravel
UtilitiesOff grid
TopographySloped
ListedFeb 6, 2025
Coordinates47.4514, -91.3379
Loading terrain…
County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

Lake County, Minnesota. Lake country cabin lots north, prime tillable ground south.

View Lake market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
16
Low risk
Wetlands5.8% of tract

Little to no mapped wetland coverage.

Average slope12.6%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

4,426 ft of deeded road frontage.

Power3,526 ft away

Service extension needed; get a utility quote.

Buildable area300.50 of 398.75 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$881,674
$745,735$1,017,612 · $2,211/ac on 399 ac
Asking vs estimate
-16.6%
Priced below the comp set

Weighted from 5 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $735,600
Maximum allowable offer
$503,813
$1,263/ac · +30.0% target margin

You need $231,787 off asking to hit this margin.

All-in cost$546,637
Net resale$811,140
Projected profit$264,503
ROI+48.4%
Annualized+69.2%
Break-even resale$1,490/ac
Profit if resale lands off target
-20%
$102,275
-10%
$183,389
0%
$264,503
+10%
$345,616
+20%
$426,730
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-409224
Gravel · Off grid
518.7Jul 27, 2026$1,282,3002,4722,68110.4 mi
82
MN-558745
Dirt · Full utilities
366.6Nov 29, 2025$964,4002,6312,1414.4 mi
79
MN-209197
Gravel · Off grid
508.6Jan 20, 2025$877,9001,7261,97910.4 mi
73
MN-127371
Dirt · Full utilities
135.5Jun 29, 2026$396,3002,9251,7570.6 mi
72
MN-217437
Dirt · Power at road
142.1Jan 25, 2024$435,0003,0612,5024.6 mi
57
Show adjustment detail for the top comp
  • Tract size (518.68 ac → 398.75 ac)+8.2%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.